Foreclosure is the cutting off or termination of a right to property to compel payment of a mortgage or other debt secured by a lien. As to real property, like a house or land, foreclosure is started because of non-payment of the debt and leads to the selling of the property to which the mortgage or lien is attached in order to satisfy that debt. Lawyers who assist with foreclosure issues help struggling homeowners consider their options -- both foreclosure and foreclosure alternatives -- and determine the best course of action. Foreclosure alternatives may include loan modification, short sale, forbearance, reinstatement, and repayment plans.
Palmyra is a Borough in Burlington County, New Jersey, United States. As of the United States 2000 Census, the borough population was 7,091. Palmyra was originally incorporated as a township by an Act of the New Jersey Legislature on April 19, 1894, from portions of Cinnaminson Township and Riverton. On February 20, 1923, Palmyra was reincorporated as a borough.